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Homeland Security

CACI to Acquire Small IT Security Firm

DDN

Wednesday, June 22nd, 2011

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CACI International [CACI] has agreed to acquire a small information technology (IT) firm with expertise in cyber security and application development that also has customers in the intelligence community. Terms of the deal, which is expected to close by July 1, were not disclosed. Pangia Technologies had $18.7 million in sales in 2010 and CACI expects the deal to be accretive to its earnings per share within one year of closing. "The acquisition of Pangia Technologies opens new growth opportunities…

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

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Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

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Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]